For example, THORChain’s RUNE token rallied by 12% over the past 24 hours, compared with a 4% rise in BTC over the same period.
Stocks also traded higher on Wednesday while the 10-year Treasury yield pared earlier gains.
In crypto, some buyers have remained on the sidelines despite recent price bounces.
A price low, however, has not been triggered, which previously occurred on high volume down moves far below the average traders’ cost basis around $30,000-$40,000 BTC.
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